The U.S. economy expanded at a 2.8% rate in 2024, driven by strong consumer spending, but inflationary pressures persist as policies shift under President Trump.
Scott Bessent is confirmed as the U.S. Treasury Secretary, tasked with extending Trump's tax cuts and managing economic growth while facing bipartisan challenges.
Scott Bessent has been confirmed as Treasury Secretary, leading Trump's economic agenda with a focus on tax cuts and tariffs, marking a historic appointment.
Scott Bessent's Senate confirmation as U.S. Treasury Secretary marks a significant step in Trump's administration's economic focus on tax cuts and spending.